As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Baidu will likely underperform.
The median price of Baidu for the period between Sun, Apr 21, 2013 and Tue, May 21, 2013 is 89.3 with a coefficient of variation of 5.02. The daily time series for the period is distributed with a sample standard deviation of 4.52, arithmetic mean of 90.08, and mean deviation of 3.96. The Stock received substential amount of media coverage during this period.
Baidu Inc [BIDU] is traded on NASDAQ in USA. It is located in Baidu, Inc.No , Shangdi th StreetBeijing, and employs 20,877 people. The company currently falls under 'Large-Cap' category with current market capitalization of 32.49 B. Baidu Inc conducts business under Technology sector and is part of Internet Information Providers industry. This company has 349.71 M outstanding shares of which 12.77 M shares are currently shorted by private and institutional investors with about 3.2 trading days to cover.
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